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Adopted Adopted Adopted PreliminaryEstimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030Operating LevyGeneral Fund (1)8,165,859$ 8,193,124$ 8,368,756$ 9,232,367$ 9,693,985$ 10,178,685$ 10,687,619$ 11,222,000$ 11,783,100$ 12,372,255$ 12,990,868$ 13,640,411$ 14,322,431$ Debt LevyCertificate of Indebtedness 2015A 70,258 - - - - - - - - - - - - Certificate of Indebtedness 2015B 214,090 213,119 214,216 - - - - - - - - - - Certificate of Indebtedness 2016 167,097 167,559 - - - - - - - - - - - Certificate of Indebtedness 2017 113,087 111,395 111,353 - - - - - - - - - - Certificate of Indebtedness 2018 - 115,211 107,100 106,050 - - - - - - - - - Certificate of Indebtedness 2019 - - 140,119 140,307 139,493 - - - - - - - - Certificate of Indebtedness 2020 - - - 105,929 106,042 106,299 - - - - - - - G.O. Bond 2012A 176,390 180,012 178,080 175,896 178,794 176,109 - - - - - - - G.O. Bond 2015A 219,227 215,972 222,692 219,227 171,012 172,692 174,267 170,487 171,484 172,364 172,626 172,758 171,708 G.O. Bond 2015A - Abatement Portion 55,151 54,206 48,536 47,696 46,856 51,266 50,321 49,376 48,313 - - - - EDA Lease/Revenue Bond 2015 319,397 315,722 317,297 316,877 301,238 305,538 304,538 303,388 302,088 300,638 304,038 302,138 305,088 G.O. Tax Abatement Refunding Bond 2016C 276,176 289,097 301,571 313,567 325,054 - - - - - - - - G.O Bond 2018A - 200,000 481,799 483,899 485,212 485,737 485,474 484,214 482,639 485,527 482,114 480,644 484,109 G.O Bond 2021A - 2021 Street Improvements- - - - 68,250 341,250 334,425 327,600 320,775 313,950 307,125 300,300 293,475 G.O Bond 2024A - 2024 Street Improvements- - - - - - - 115,500 577,500 565,950 554,400 542,850 531,300 G.O Bond 2027A - 2027 Street Improvements- - - - - - - - - - 200,000 600,000 600,000 Bonding Contingency- - - - - - - 300,000 300,000 300,000 300,000 300,000 300,000 Total Debt Levy 1,610,873$ 1,862,292$ 2,122,762$ 1,909,448$ 1,821,950$ 1,638,890$ 1,349,025$ 1,750,565$ 2,202,799$ 2,138,428$ 2,320,303$ 2,698,689$ 2,685,679$ Capital LevyCapital Equipment Revolving Fund - - - - 321,000 595,000 1,220,000 1,095,000 940,000 1,440,000 1,500,000 800,000 700,000 Total Tax Levy 9,776,732$ 10,055,416$ 10,491,518$ 11,141,815$ 11,836,935$ 12,412,575$ 13,256,644$ 14,067,564$ 14,925,899$ 15,950,683$ 16,811,170$ 17,139,100$ 17,708,110$ % Increase3% 4% 6% 6% 5% 7% 6% 6% 7% 5% 2% 3%Total Levy Dedicated to Capital Equipment 564,532$ 607,284$ 572,788$ 352,286$ 566,535$ 701,299$ 1,220,000$ 1,095,000$ 940,000$ 1,440,000$ 1,500,000$ 800,000$ 700,000$ Assumptions:(1) 5.00% annual increaseCity of Lino LakesCapital Equipment PlanTax Levy Schedule
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